CHAPEL LODGE, WATTON ROAD, WARE, SG12 0AX - £667,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

CHAPEL LODGE is a large detached house of 156m², built sometime before 1900. It was last sold for £667,500 in January 2022, which was around 13% below the average January 2022 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

CHAPEL LODGE Sold Prices

Land registry data shows two sales for CHAPEL LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two CHAPEL LODGE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 28 JAN	£667,500	£770,004	13% below HPI
2003 30 JUL	£249,990	£363,018	31% below HPI

CHAPEL LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two CHAPEL LODGE sales from July 2003 and January 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is CHAPEL LODGE?

CHAPEL LODGE is 156m² according to the EPC inspection conducted in May 2021. This puts it in the largest 30% of detached houses in Ware, based on EPC data. The below chart shows the distribution of detached houses by size in Ware, and where CHAPEL LODGE lies on this distribution: 76% of detached houses are smaller than CHAPEL LODGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Ware.

CHAPEL LODGE: Plot and Title Map

CHAPEL LODGE sits on a plot of roughly 4.2 acres, or 16,844m². The below map shows the location of CHAPEL LODGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of CHAPEL LODGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is CHAPEL LODGE?

CHAPEL LODGE is located on WATTON ROAD in WARE, in the SG12 postcode district. The below map shows the position of CHAPEL LODGE on WATTON ROAD.